£195,133
This estimated value is based upon the latest sale price for the house of £37,000 on 27 Mar 1997. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £37,000 | 27 Mar 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 768 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in March 1997 the House Price Index for LANCASHIRE was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 427.388%.Applying this 427.388% change to the original purchase price of £37,000 results in an estimated price of approximately £195,133.
| 27 Mar 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 427.388 % | £37,000 | £158,133 | £195,133 |
The Postcode Pricing Model uses changes in average sales price within the BB2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 195.360 % | £72,283 | £109,283 |
| 3 Month Average | 320.824 % | £118,704 | £155,704 |
| 6 Month Average | 280.591 % | £103,818 | £140,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £220,000 | £220,000 | 45 QUEBEC ROAD |
| 2 May 2024 | £176,500 | £176,500 | 90 QUEBEC ROAD |
| 15 Dec 2023 | £177,453 | £172,000 | 87 WHINNEY LANE |
| 24 Nov 2023 | £164,167 | £160,000 | 88 WHINNEY LANE |
| 29 Aug 2023 | £224,041 | £220,000 | 49 WHINNEY LANE |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 31 Oct 2008. Using an estimated price of £195,134 means this house is valued at £2,732 per sq meter (£253 per sq foot).
The average size of a house on WHINNEY LANE is 104 sq meters (1,122 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Whinney Lane |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Whinney Lane |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Knighton Avenue |